127 Columbus Avenue
Overbrook - Castleheights and Area, ON
- 4 bed
- 2 bath
- approx. 1100-1500 sqft
- Duplex
DEVELOPMENT & INVESTMENT OPPORTUNITY | 127 COLUMBUS AVENUE An exceptional opportunity for investors and builders in a highly convenient Ottawa location. 127 Columbus Avenue offers a development-ready opportunity with a permit already in place with the City of Ottawa for a six-unit building .The property also presents flexibility for those exploring alternative development concepts, including the potential to build a new detached home or side-by-side units, subject to the appropriate approvals. Situated on a great lot in an established neighbourhood, the location offers excellent access to public transit, major roadways, amenities and downtown Ottawa. With urban convenience and strong redevelopment potential, this is an opportunity to add value through new construction while taking advantage of a location where accessibility is a major asset. Contact listing broker for surveys, plans, drawings etc. current tenant on month to month paying $1600+utilities. vacant possession available. 48 hours notice on all showings. Highest and Best use is development opportunity. 6 plex permit consists of three 1-bedroom units and three 2-bedroom units.
Listing Details
- Taxes (2025)
- $3,865
- Listed
- August 11, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Construction
- Brick Veneer, Stucco (Plaster)
- Roof
- Flat
- Foundation
- Block
- Interior
- Other
- Lot Size
- 37.04 x 116.19 Feet
Parking
- Garage
- Other
- Covered Spaces
- 6
- Total Parking
- 6
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Donald St and Vanier Pkwy
- Parcel Number
- 042500046
- Possession
- Flexible
- Occupancy
- Owner+Tenant
Schools
Elementary
- École élémentaire catholique Horizon-Jeunesse0.7 km
French Catholic · CSDC du Centre-Est de l'Ontario · 465 students
Grade 3 reading: 90% met the provincial standard · Grade 6 math: 71% met the provincial standard
- École élémentaire publique Mauril-Bélanger0.8 km
French public · CÉP de l'Est de l'Ontario · 245 students
Grade 3 reading: 47% met the provincial standard · Grade 6 math: 30% met the provincial standard
- Assumption Catholic Elementary School0.9 km
Catholic · Ottawa CSB · 260 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 26% met the provincial standard
Secondary
- Ottawa Technical Secondary School1.3 km
Public · Ottawa-Carleton DSB · 330 students
Grade 10 literacy: 48% met the provincial standard
- École secondaire publique De La Salle2 km
French public · CÉP de l'Est de l'Ontario · 950 students
Grade 10 literacy: 93% met the provincial standard
- Lisgar Collegiate Institute2.1 km
Public · Ottawa-Carleton DSB · 960 students
Grade 10 literacy: 91% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K1K
- Population
- 32,046
- Private dwellings
- 15,235
- Median age
- 42.4
- Average household size
- 2.2
- Median household income
- $73,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Overbrook - Castleheights and Area · last 12 months
- Median sold price
- $586,000
- Homes sold
- 193
- Median days on market
- 24
- Sale-to-list price
- 97.8%
Based on 193 recorded sales of residential freehold properties in Overbrook - Castleheights and Area over the last 12 months.
Listed by
ROYAL LEPAGE INTEGRITY REALTY
Walk Score
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Location
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Mortgage Calculator
$149,800
Estimated Monthly Payment
$3,680
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,680/mo (20% down, 5.5%)
Taxes: $322/mo · Insurance: $187/mo
Estimates only. Consult a financial advisor.
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